Question 1: Your Company is considering to choose one of the two projects: Project Red and Project Blue. Each project will last 4 years and have no salvage value at the end. The company's required rate of return for all investment projects is 10%. The cash flows of Project Red and Project Blue is provided below. Project Red $320 000 Project Blue $470 000 Cost Future Cash Flows Year 1 Year 2 Year 3 Year 4 85 750 140 250 175 750 168 000 107 050 112 400 275 000 345 000 Required: Identify which project your company should accept based on Net Present Value Criteria